It's true - a tax credit of up to $8,000 is available for qualified first-time home buyers purchasing a principal residence by April 30, 2010 (close by June 30, 2010)
Sounds too good to be true?
Simply fill out the form below and learn how you can take advantage of this $8,000 tax credit to buy the home of your dreams.
The federal income tax credit for homebuyers has been extended and expanded to now include homeowners who wish to "move on" after 5 years of living in their current property, as well as first-time homebuyers.
- First-time homebuyers, or those who have not owned in the last three years, can receive up to an $8,000 tax credit
- Homeowners who have lived in a current home consecutively for 5 of the past 8 years can receive up to a $6,500 tax credit
- There may be no future extensions, so all qualified homebuyers are urged to act and have a written, binding contract by April 30, 2010 (close by June 30, 2010)
- Income limits are now $125,000 for singles, $225,000 for married couples with a $20,000 phase-out of the credit for both.
YES, I would like more information on how to qualify for the NEW Extended Tax Credit!